Technical Analysis for FVD - First Trust VL Dividend

FVD closed down 0.11 percent on Friday, September 13, 2019, on 78 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Profile

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line(R) Dividend Index(TM).
The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.
Stock Market IndexEquity SecuritiesNet Asset ValueDividendShareholdersEquity

Is FVD a Buy, Sell or Hold?

Indicator

Bull Case

Neutral / Hold

Bear Case

50
DMA

200
DMA

ADX Trend

Oversold / Overbought

Relative Strength

Summary:

Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.